Chapter 346

After all, Griffith has some experience. His first offer was quickly rejected. The other side welcomed the cooperation between Griffith and Monsanto on the sales of Nongda, but Monsanto was not interested in the deal proposed by Dakota pasta growers.

"Not interested?" Griffith doesn't believe that? At present, the chemical industry is in a recession as a whole. Although Monsanto has the popular product Nongda, it is not enough to support the existing business scale. Otherwise, Monsanto would not be eager to enter the seed industry.

Although Karim and shaeliosha didn't make a direct move, they have been paying close attention to the deal. Because so far, Xie liaosha has no experience in running an industrial enterprise of the scale of Monsanto. This company was founded in 1901, 20 years earlier than the founding of the Soviet Union. Although it has not been listed, it has ranked among the top ten chemical enterprises in the United States and has a wide range of customers all over the world.

All along, his business areas are mainly finance, real estate, agriculture and entertainment. Although Yota communications is a technology enterprise, its scale and number of employees are far less than those of Monsanto. Therefore, this acquisition can be regarded as a new challenge that Xie liaosha has never faced in his two generations.

In fact, Xie liaosha was very clear that he was unable to change the tragic fate of the disintegration of the Soviet Union, and the most left by the disintegration of the Soviet Union was industrial enterprises like Monsanto. If you want to have a better development in the future, Xie liaosha will face the test of acquiring industrial enterprises sooner or later. Therefore, Monsanto is the first test object of shaeliosha.

Griffith quickly told Karim the news of the other party's refusal. Karim authorized Griffith a higher price after obtaining the consent of seryosha. The overall valuation of Monsanto will reach 7 billion US dollars, which is a sky high price in the current era. At the same time, in order to have more confidence in the acquisition, Griffith also found Morgan Stanley, a financial consultant of Monsanto, to negotiate the deal.

So after this week, Dakota pasta growers, Morgan Stanley and Monsanto, represented by Griffith, started a new round of negotiations. In order to show his sincerity, Xie liaosha clearly put forward that the transaction will be fully paid by cash, which greatly improves the attraction to the other party.

However, negotiation is such a thing. The more you follow the other party, the higher their psychological expectations will be. Faced with the fair price proposed by Griffith, the CEO of Monsanto is always silent. Griffith knows very well in his heart that although the CEO is the head of the company, he is also a part-time worker, and the shareholder is the owner of the company. The price must be approved by the board of directors before it can be discussed.

"How about that, Mr. Griffith! We need to think about your price. As you know, we have a lot of promising projects in hand. For example, our molecular biology laboratory has just made great progress in the genetic engineering project, which is a revolutionary technology that is likely to subvert the whole seed production industry! However, I agree with you to conduct an early due diligence on us, and we will open up some necessary information to you... "The CEO of Monsanto responded calmly.

After hearing this, Griffith finally took a reassurance. It seems that the price really moved the other party. After all, having seven billion dollars in cash at a time is definitely a good deal, and most people will be satisfied with the price. The other side also accepted the acquisition of Dakota pasta growers just because it was moved. Because the other side's meaning is very clear, you can inspect the goods first now.

"Excuse me, gentlemen. Can I have a word in?" The representative of Morgan Stanley said suddenly.

Monsanto's CEO and Griffith looked at him and didn't understand what he was going to do? The representative of Morgan Stanley said: "I have a report on the prospect of seed production industry. According to our estimation, the profit of the whole seed production industry is about $10 billion (the data in 2016 is $37 billion). We Morgan Stanley do not think that Monsanto's molecular biology laboratory can bring much profit to the whole company, We are more optimistic about your company's development in the biomedical industry! And Monsanto's chemical business has been showing a downward trend in recent years. I hope your company can consider our analysis and make a favorable decision for investors! "

Griffith understood that the representative of Morgan Stanley was persuading Monsanto to accept the deal. This is actually helping Griffith in the dark. Griffith looks at this guy gratefully. In fact, the other side's courtship is also purposeful. They hope to be able to finance a costly transaction.

At the end of the negotiation, there was some progress. During the time when Monsanto was still hesitating, Griffith and his successor, seryosha, were not idle at all. Griffith's investigation team soon came to Monsanto to investigate the financial situation of the acquisition target. On the other hand, Xie liaosha is raising legal funds for the acquisition. At the beginning of the year, EVA bought an office software company called lotus software. The company's product lotus 1-2-3 has been sought after by the market as soon as it was launched, becoming a dark horse this year. Originally, Xie liaosha wanted to introduce some of the company's technologies to the Soviet Union to improve the office automation level of the National Housing Bank. However, from Xie liaosha's perspective, the current level of lotus 1-2-3 is far from satisfactory.

Now Xie liaosha doesn't like this company any more. He just buys Monsanto now, and lotus software is in the limelight. Therefore, Xie liaosha thinks that it is a wise choice to sell this company at this time. EVA is still one of the major shareholders of Microsoft. Shortly after the listing of lotus 1-2-3, Microsoft had a strong interest in this company, but EVA's attitude has been rejected.

"EVA, talk to the people at Microsoft! I don't think lotus software is useful for us any more! " Xie liaosha found a chance to meet EVA in Vancouver.

"But this company is a star enterprise now! And the profitability is also good! " EVA asked, puzzled.

"I'm more interested in Monsanto now, and the limitation of office software is too great. Microsoft will enter this field sooner or later. It's better to buy them some cash and shares!" She explained to Eva.

"OK, I'll contact them. What's the price in your mind?" EVA said obediently.

"Five billion dollars!"